News

Austria examines food delivery platforms in new sector inquiry

Austria’s antitrust watchdog has launched an inquiry into the online food delivery sector, warning that Uber Eats’ exit from the country four years ago created a highly-concentrated domestic market that warrants closer scrutiny.

15 March 2023

EU wrongly imposed “arbitrary” predatory pricing fine, Qualcomm argues

The European Commission’s predatory pricing decision against Qualcomm has created an “environment of legal uncertainty”, the chipmaker has argued in its appeal against a sanction that it claims is equivalent to those levied against hardcore cartels.

15 March 2023

South Africa orders Strongbow sale in €2.2 billion brewery tie-up

South Africa’s specialist competition tribunal has approved Heineken’s proposed acquisition of domestic brewer Distell, conditioned on the divestiture of its Strongbow cider brand plus a package of behavioural remedies to address employment and public interest concerns.

15 March 2023

TikTok open to “last resort” ByteDance divorce to resolve national security concerns

TikTok is reportedly willing to split with its Chinese parent company ByteDance if a current proposal before the Committee on Foreign Investment in the United States fails to resolve national security concerns.

15 March 2023

Firms recruit partners in France and Brazil

Cescon Barrieu has nabbed a former Brazilian prosecutor from the national attorney general's office, while Racine has poached from Jouvensal Fabre in Paris.

15 March 2023

Qualcomm “attacked” rival to implement foreclosure strategy, EU says

Qualcomm “acted like a typical predator” and “attacked when it mattered” to shut-out competition from a rival chipmaker, the European Commission has said as it defends its €242 million predatory pricing fine on the company.

14 March 2023

Ecuador upholds Odebrecht fine

Ecuador’s competition watchdog has confirmed antitrust fines of $58 million against Odebrecht and a state-owned electricity distributor after the former bribed government officials to ensure it won tenders for construction and repair work.

14 March 2023

Petrol station overlaps fuel CMA concerns in Asda/Co-op

The UK’s Competition and Markets Authority has given Asda five days to remedy its concerns about the supermarket’s £600 million acquisition of a Co-op subsidiary or face an in-depth review.

14 March 2023

Trucks cartelists defeat first follow-on claim in Norway

The Oslo District Court has rejected the Norwegian postal operator’s bid for €79.5 million in damages from members of the EU trucks cartel because the claimant failed to present a counterfactual analysis, marking the country's first full-merits judgment relating to the cartel.

14 March 2023

Blair group slams UK foreign investment regime

The foreign investment control regime that the UK government established last year is “vague” and puts the country’s security at risk, an advisory organisation set up by former prime minister Tony Blair has claimed.

14 March 2023

Unlock unlimited access to all Global Competition Review content